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Sale of RMG Regel + Meßtechnik GmbH

As part of the measures to dispose of its former Process Technology Division, the IWKA Group, Karlsruhe, has sold RMG Regel + Meßtechnik GmbH, Kassel, together with its subsidiaries (RMG Group) to a financial investor on December 23, 2004 effective as of January 1, 2005, pending approval by the relevant antitrust authorities

January 11, 2005

The RMG Group has approximately 900 employees and generated sales of about EUR 100 million in 2004.